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Title: CP1-Amend the CM Agmnt for Palm Beach Lakes HS Auditorium Recommendation:
I recommend the School Board approve an Amendment to the CM at Risk Agreement to establish the Guaranteed Maximum Price (GMP), for construction in the amount of $9,971,564 to The Weitz Company for Construction Management at Risk Services for Palm Beach Lakes High School Auditorium, Project No. 1851-8272 and authorize the Superintendent and Board Chairman to sign all required documents.
Description: Construction Management at Risk Services for addition of an auditorium at Palm Beach Lakes High School.
Approved Budget: $10,194,449
Construction Type: Tilt-wall
No. of Stories: One
Gross Square Feet: 25,000
Construction Cost/Gross Square Foot: $398.86
Total Student Stations: N/A
Construction Cost/Student Station: N/A
Preconstruction Fee: $28,020
GMP: $9,971,564 Total Construction Cost: $9,999,584
Financial Impact:
The financial impact is $9,971,564. The source of funds is the corresponding Capital Projects Budget. The District will provide Builder's Risk insurance for this phase of the project at a total cost of $73,790.
For Additional Information, contact:
Joseph M. Moore (moorej@palmbeach.k12.fl.us)
Joseph M. Sanches
Attachments (list):
beneficialinterest.weitz.pdf
ppe.The Weitz Co..pdf
datapanel.Palm Beach Lakes HS.pdf
site plan.palmbeachlakes.pdf
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